Walgreens Boots Alliance Unusual Options Activity For February 13

Whales with a lot of money to spend have taken a noticeably bearish stance on Walgreens Boots Alliance.

Looking at options history for Walgreens Boots Alliance WBA we detected 9 trades.

If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 66% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $170,830 and 7, calls, for a total amount of $357,906.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $10.0 to $25.0 for Walgreens Boots Alliance over the last 3 months.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Walgreens Boots Alliance's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Walgreens Boots Alliance's significant trades, within a strike price range of $10.0 to $25.0, over the past month.

Walgreens Boots Alliance 30-Day Option Volume & Interest Snapshot

Significant Options Trades Detected:

About Walgreens Boots Alliance

Walgreens Boots Alliance is one of the largest retail pharmacy chains in the U.S., with over 8,500 locations. Nearly three quarters of Americans live within five miles of a Walgreens location. Roughly two thirds of revenue is generated from prescription drug sales; Walgreens makes up 20% of total prescription revenue in the U.S. Walgreens also generates sales from retail products (general wellness consumables and its own branded merchandise), European drug wholesale, and healthcare. With more locations incorporating additional services like Health Corner and Village Medical, Walgreens creates an omnichannel experience for patients and positions itself as a one-stop healthcare provider.

Current Position of Walgreens Boots Alliance

• Currently trading with a volume of 5,904,368, the WBA's price is down by -0.22%, now at $22.58.
• RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
• Anticipated earnings release is in 42 days.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Walgreens Boots Alliance with Benzinga Pro for real-time alerts.